Bite-Sized Bits of Knowledge

Estate planning to keep the money in the family

Thoughtful estate planning often includes accomplishing the objective of ensuring that money and property remains in the family. Consider the scenario where one spouse passes away leaving a spouse and children. The surviving spouse may start seeing someone else or get married. In either case, the money and property is now at risk of going to that new partner or spouse. If the spouse gets married, there are marital rights that endanger you [the deceased spouse]’s assets. Further, that spouse has death rights to claim against the estate of the deceased surviving spouse. In all these cases, there presents risks of money and property not going to your kids or other designated beneficiaries.

Protect and preserving assets, ensuring wishes are honored and keeping “it in the family” is part of our toolbox. We have developed solutions to this conundrum that make both spouses happy. Estate planning is an art and science, and we enjoy it. Give us a call today to get started, especially if this applies to you.

Protect your family, assets and business, and gain the peace of mind of knowing you’re prepared and in control. You may feel apprehensive about estate planning, but it doesn’t have to be this way. We’ll help you achieve your estate planning goals and ensure you feel accomplished and confident. With our 4-step unique proven process, leaving a legacy you can be proud of is easier than you think. The alternative can mean significant taxes, court, costs, conflict (litigation) and a host of unpleasant and destructive surprises. Call us to get started today at 954-228-3369.

Offices in Plantation, Florida and Sound Beach, New York (Long Island).

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YOU ARE NOT OUR CLIENT UNLESS WE EXECUTE A WRITTEN AGREEMENT TO THAT EFFECT. MOREOVER, THE INFORMATION CONTAINED HEREIN IS INTENDED FOR INFORMATIONAL PURPOSES ONLY. EACH SITUATION IS HIGHLY FACT SPECIFIC AND EXCEPTIONS OFTEN EXIST TO GENERAL RULES. DO NOT RELY ON THIS INFORMATION, AS A CONSULTATION TO UNDERSTAND THE FACTS AND THE CLIENT’S NEEDS AND GOALS IS NECESSARY. ULTIMATELY WE MUST BE RETAINED TO PROVIDE LEGAL ADVICE AND REPRESENTATION. THIS INFORMATION IS PROVIDED AS A COURTESY AND, ACCORDINGLY, DOES NOT CONSTITUTE LEGAL ADVICE.

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